The Ledger
Curated content foranalytical business leaders
FP&A Trends: The Future of Business Modelling
July 25, 2022
“In most companies relying on Excel-based solutions, Excel is doing everything: it functions as the database, the calculation engine, and the analytical tool, sometimes all within one workbook. This approach is resource-intensive and eventually becomes unsustainable. And while Excel is an excellent tool for spreadsheets, financial modelling, and provides FP&A with much-needed agility, it’s not effective for sophisticated FP&A processes such as data consolidation, repetitive reporting processes, drill-downs, and comparison analysis (such as scenario comparisons). A technology solution is needed to unlock additional power.”
FP&A Trends: Advanced Analytics as an Attribute of FP&A Maturity
July 21, 2022
“We can mix and match and decide which initiatives will be executed in response to scenarios A, B or C…This is a quite technically demanding exercise and shouldn’t be performed in Excel or any other tool with manual data entry.”
FP&A Trends: Change Management and Analytical Change for FP&A
July 20, 2022
“The BARC survey “The Future of Planning, Sept 2021” clearly showed Rolling Forecast, Integration with Operational Processes, Simulations and Scenario Analysis, Action and Value driver-based planning are where organisations at going to invest in the future, with 56% planning to invest in technology in the next 12 months.”
CFO Magazine: Finance Transformation: Unleashing the Potential of Data
July 19, 2022
“The key to success in finance transformation is to understand and make the most of all the ways a fully integrated data solution can take charge of routine processes from front to back. While managing the routine, the solution also will generate better data, more rapidly for the higher-level analytics that finance uses in budgeting, forecasting, planning, and other key operations. Getting the “how” right will help to optimize decision-making, operational efficiency, and ultimately profitability.”
